WebMD, LLC
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WebMD, LLC - overview
Established
1996
Location
Newark, NJ, US
Primary Industry
Healthcare IT
About
Based in the US, WebMD, LLC is a digital health platform that provides extensive medical information, empowering users to manage their health through articles, tools, and resources tailored for consumers and healthcare professionals. WebMD, LLC is a digital health company that offers health information via its website. It was founded in 1996 in Newark, US. In June 2009, WebMD merged with HLTH Corporation, a deal completed in October 2009 for USD 1.
2 billion. The company has engaged in six deals and recently closed an ADD-ON round led by MH Sub I, LLC, raising USD 2,800. 00 mn, bringing the total raised to USD 120. 75 mn.
WebMD is a leading digital health platform that provides a comprehensive range of health information and resources directed toward consumers, healthcare professionals, and advertisers. The core offerings include an extensive online library of articles, tools for symptom checking, drug interaction checking, and health-related calculators, all designed to empower users to manage their health effectively. WebMD features specialized content on various health conditions, wellness topics, and expert insights, catering to a diverse audience including individuals seeking personal health information and professionals in the healthcare sector. The platform serves a global client base, with significant market penetration in North America, Europe, and Asia, addressing user needs across different health aspects from chronic disease management to general wellness and preventive care.
WebMD generated revenue of USD 705. 05 mn in 2016, with an EBITDA of USD 199. 58 mn. The company utilizes a multifaceted business model that includes advertising, subscriptions, and partnerships, with significant revenue derived from targeted advertising and premium content services for healthcare professionals.
WebMD plans to enhance its digital platform by introducing new user-centric features and tools aimed at improving health management. The company is exploring expansion into international markets, particularly focusing on Europe and Asia, by 2025. The recent funding round aims to support these initiatives, enhancing technological capabilities and expanding outreach to new audiences.
Current Investors
Consilium Partners, MH Sub I, LLC
Primary Industry
Healthcare IT
Sub Industries
Healthcare IT, Social Networking & Communication Platform, Medical Software, Information Services
Website
www.webmd.com
Verticals
Cloud Computing, HealthTech, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
WebMD, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Spin-Off | Completed | Healthwise, Incorporated’s Operating Assets | - | ||||||||
| Add-on, Trade Sale | Completed | Limeade, Inc. | - | ||||||||
| Add-on | Completed | Grupo SANED | - | ||||||||
| Add-on | Announced | JIM SA | - | ||||||||
| Add-on | Completed | Meta Pharmaceutical Services LLC | - |
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